Best MBA Colleges in Pune: Fees, Admission 2026, Courses, Salary, Ranking

There are about 250+ best MBA colleges in Pune. Of these, 180 colleges are privately owned, 5 are owned by public/government organisations, and public-private owns 2 MBA colleges. CAT, CMAT, MAT, and XAT are some of the most accepted entrance exams in top MBA colleges in Pune. SIBM, National Institute of Bank Management, Pune Institute of Business Management, BIMM, etc. are popular MBA colleges in Pune.

Hi, SIMC Pune was ranked by the NIRF in 2025. Students can take a look at the table below for the rank of SIMC Pune over the past three years.

College Name	NIRF 2023	NIRF 2024	NIRF 2025
Symbiosis Institute of Business Management Ranking	17	13	11

Disclaimer: This information is sourced from the official website of the ranking body and may vary.

Joining the top MBA colleges in Pune can be worthwhile for you. For that, you need to check its ROI. Listed below are some colleges along with their tuition fees and average placement package:

College Names	Total Tuition Fee	Average Placement Package
Symbiosis Institute of Business Management MBA	INR 17 Lacs - INR 24 lakh	INR 25 LPA
Pune Institute of Business Management MBA	INR 8 Lacs - INR 50 lakh	INR 7 LPA
National Institute of Bank Management MBA	INR 14 lakh	INR 15 LPA
Symbiosis Institute of International Business MBA	INR 13 Lacs - INR 19 lakh	INR 10 LPA - INR 11 LPA
Symbiosis Centre for Information Technology MBA	INR 11 Lacs - INR 15 lakh	INR 13 LPA

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MBA colleges in Maharashtra are among the best in the country, as the best ones can match up to the fees and more. Before choosing your management education at any part of this state, you must ideally look at the tuition fee and the average packages the graduates get. Check this table for reference. 

College Name	Total Tuition Fee	Annual Average Package
NMIMS School of Business Management MBA	INR 8 lakh – INR 24 lakh	INR 7 LPA - INR 19 LPA
SIBM Pune MBA	INR 24 lakh	INR 24 LPA
IIM Mumbai (formerly known as NITIE) MBA	INR 14 lakh	INR 21 LPA – INR 31 LPA
SPJIMR MBA	INR 15 lakh – INR 24 lakh	INR 3 LPA – INR 32 LPA
NMIMS Mumbai MBA	INR 10 lakh	INR 19 LPA

Hope this information proves beneficial for you!!

Yes, Symbiosis Institute of Business Management is definitely a good option for pursuing an MBA degree.SIBM Pune is a constituent of Symbiosis International (Deemed University) which is accredited with A ++ Grade by NAAC. Symbiosis Institute of Business Management Pune was established in 1978 and is a member of EFMD & EFMD Global network. The institute has been ranked 13 under the Management category by the NIRF 2024.

Pursuing an MBA from Pune can be inexpensive as many colleges (17) have total tuition fees of less than INR 1 lakh. Some of the affordable MBA colleges are mentioned below along with their total tuition fees:

Low-cost Colleges	Total Tuition Fee
Indira Institute of Management	INR 30,000
IndSearch Institute of Management Studies and Research	INR 40,000
Synergy Group of Institutes (Synergy, Pune)	INR 35,000
Dhole Patil College of Engineering	INR 61,000
Imarticus Learning	INR 90,000

The table below shows the top Master colleges in Pune along with their various courses offered and its total tuition fees:

Top Colleges	Courses Offered	Total Tuition Fee
SIBM Pune	Master in Innovation and Entrepreneurship	INR 24 lakh
MBA Institute of Bank Management	PGDM in Banking and Financial Services	INR 14 lakh
PIBM Pune	MBA in FinTech,  MBA in Project Management, etc.	INR 9 Lacs - INR 30 lakh
IMED	MBA in Human Resource Management	INR 5 lakh

Learn More about MBA Courses:

The table below lists some of the best part-time MBA colleges in Pune where working professionals can pursue their education.

College Name	Total Tuition Fee
Symbiosis Centre for Management & Human Resources Development	INR 6 lakh
Poona Institute of Management Sciences and Entrepreneurship	INR 2 lakh
MES Institute of Management and Career Courses	INR 50,000
MIT School of Distance Education, Shivaji Nagar	INR 27,000

Hope this information proves beneficial for you!!

These are some popular and well-rated MBA colleges in Maharashtra that have direct admissions. 

1. Whistling Woods International
2. Indian Institute of Digital Education
3. MKES Institute of Management Studies & Research

Note: All info. is from official sources and can change. 

Yes,  MBA is available at Balaji Institute of Modern Management. Moreover, the degree is awarded by Sri Balaji University. Students willing to take admission can check out the highlights below:

• Duration: Two years.
• Eligibility: UG degree with at least 50% marks.
• Selection: Entrance Test Score + Academic Record+ GD + PI.
• Fees: INR 11.9 lakh.

Note: The above information is taken from official sources. However, it is subject to change.

It is estimated that joining MBA colleges in Maharashtra might be affordable as most of the colleges have their total tuition fee ranging between INR 1-2 lakh. Some of the college's name include Marathwada Institute of Management and Research, SKN Sinhgad School of Business Management, Tirpude Institute of Management Education, Godavari Institute Of Management & Research, etc.

Low-cost Colleges	Total Tuition Fee
Welingkar Mumbai	INR 94,000
Indira Institute of Management	INR 30,000
Abasaheb Garware Institute of Management Studies	INR 91,000
Punyashlok Ahilyadevi Holkar Solapur University	INR 88,000
Dr. Babasaheb Ambedkar Marathwada University	INR 20,000 - INR 90,000

Yes, Symbiosis Institute of Business Management is definitely a good option for pursuing an MBA degree.SIBM Pune is a constituent of Symbiosis International (Deemed University) which is accredited with A ++ Grade by NAAC. Symbiosis Institute of Business Management Pune was established in 1978 and is a member of EFMD & EFMD Global network. The institute has been ranked 13 under the Management category by the NIRF 2024.

Joining the top MBA in Finance colleges in Maharashtra can be worthwhile for you. For that, you need to check its ROI. Listed below are some colleges along with their tuition fees and average placement package:

College Names	Total Tuition Fee	Annual Average Package
SIBM Pune MBA	INR 24 lakh	INR 24 LPA
SPJIMR	INR 15 lakh – INR 24 lakh	INR 29 LPA – INR 32 LPA
IIM Nagpur MBA	INR 19 lakh	INR 17 LPA
Welingkar Mumbai MBA	INR 14 lakh	INR 9 LPA
National Institute of Bank Management MBA	INR 14 lakh	INR 11 LPA

It is estimated that joining the top MBA in Finance colleges in Maharashtra might be expensive as most have tuition fees of more than INR 5 lakh. However, there are some affordable colleges having tuition fees of less than INR 1 lakh which are mentioned below:

Low-cost Colleges	Tuition Fee
IndSearch Institute of Management Studies and Research, Law College Road Campus	INR 40,000
Dhole Patil College of Engineering	INR 61,000
Shri Shivaji Maratha Society’s Institute of Management & Research	INR 70,000
Punyashlok Ahilyadevi Holkar Solapur University	INR 88,000
Unique Institute of Management (UIM, Pune)	INR 70,000

Total fee for NIBM Pune PGDM is INR 17.64 Lacs for two years. The annual fee is INR 8.82 Lacs including academics, hostel and alumni charges. There are refundable charges as well. This data may change as per institute's policy.

In the final year of graduation, preparation for an MBA begins. The majority of management aspirants begin their preparation as soon as they begin their third year of their bachelor's degree programme because it takes months to properly prepare for MBA entrance exams. However, there are a lot of challenges in preparing for an MBA entrance exam, including the lengthy syllabus, the difficulty of the questions, and the degree of competition. 

Here are some suggestions to help you study for your MBA entrance exams:

• Study the fundamental grammatical and writing principles for the verbal segment to become familiar with the language's structure.
• To hone their quantitative abilities, students should complete a lot of practice exams and sample papers.
  Create a schedule and follow it
• Students should not overstress themselves and should get enough rest.

The following is a list of the general requirements for admission to the top universities in Maharashtra for MBA programs in finance:

• A bachelor's degree or an equivalent credential in any field from an accredited college or institution is required of candidates, with a minimum cumulative GPA of 50%.
• Maharashtra has a large number of finance colleges that take into account the results of national admission exams such the MAH CET, MAT, XAT, CAT, CMAT, etc. It is necessary for candidates to achieve the minimum cutoff scores that each college has established.

No, it is not necessary to have an MBA degree to get a job in managerial post in a Government organisation.

A PGDM in a relevant specialisation can be equally eligible or suitable for a managerial role in a Government organisation also.

 

Some of the popular Govt. PGDM Colleges are given in the table below:

• IIM Kozhikode
• IIM Shillong
• XLRI Jamshedpur
• MDI, Gurgaon
• MICA, Ahmedabad
• IIM Lucknow
• Great Lakes Institute of Management

According to the comparison of B-Schools, these both colleges are good in their prospectus.

SSBF Pune - In 2023, the highest salary package offerrd was 19.59 LPA and average package offered was 10.56 LPA.

SIBM Hyderabad - In 2023, the highest package offered was 15 LPA and average package offered was 8.90 LPA.

MIT-WPU offers good annual placements for various courses like B.Tech, MCA, B.Des and M.Sc, etc. As per the latest report, the highest package offered during MIT-WPU placements 2023 stood at INR 51.36 LPA. Further, the highest packages offered to the B.Tech and B.Des batches 2023 stood at INR 44.14 LPA and INR 20 LPA, respectively. The key highlights of MIT-WPU placements 2023 are tabulated below:

Particulars	Placement Statistics (2023)
Highest package	MSc: INR 51.36 LPA BTech (IT): INR 44.14 LPA MTech: INR 24 LPA BDes: INR 20 LPA
Average package	INR 7 LPA
Average package for top 100 placements	INR 16.3 LPA

 

The median salary package offered to the students after finishing MBA/PGDM from MIT-WPU is INR 600,000. While, the Median package offered by Indira School of Business Studies - ISBS after completion of MBA/PGDM is INR 425,000. Basis these stats, MIT-WPU is better option compared to Indira School of Business Studies - ISBS on the Median salary parameter.

The eligibility criteria for SIU Pune MBA admissions does not specify the requirement of prior work experience to gain admissions. However, every affiliated institute of SIU Pune has a different eligibility criteria for their offered MBA courses. Candidates with prior work experience might get preference over non work experience candidates. Go to the official website of your chosen institute to confirm the need of work experience for MBA admissions.